Bayer Paying $40 Million to Settle Lawsuits Over False Claims

Bayer Paying $40 Million to Settle Lawsuits Over False Claims
The logo of Bayer AG is seen in a showroom of the German drugmaker where the annual results news conference takes place in Leverkusen, Germany, on Feb. 27, 2020. Wolfgang Rattay/Reuters
Naveen Athrappully
Updated:
0:00

Pharmaceutical manufacturer Bayer Corporation and its related entities are to pay $40 million to resolve two whistleblower lawsuits filed by a former employee.

The lawsuits were filed by Laurie Simpson who used to work in Bayer’s marketing department. They are related to false claims made by the company about three of its drugs: Trasylol, Avelox, and Baycol.

Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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